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FOX Business
Nov 1, 2013 3:00pm EDT
% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement insurance plans, they pick up some of what medicare doesn't pay and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand what medicare is all about and which aarp medicare supplement plan works best for you. with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and virtually no referrals needed. there's a range of plans to choose from, too, and they all travel with you anywhere in the country. join the millions who have already enrolled in the only medicare supplement insurance plans endorsed by aarp... an organization serving the needs of people 50 and over for generations... and provided by unitedhealthcare insurance company, which has over 30 years of experience behind it. ♪ call today. remember, medicare supplement insurance he
FOX Business
Nov 17, 2013 1:00am EST
that little clip that john podesta pointed out like medicare is for a single payer system. i find the whole idea laughable especially after we've been through the past few months with just a single obama care, the federal website, totally inept. the president himself said in the press conference thursday, geez, this health insurance thing is complicated. i mean, could you imagine going to a startup called amazon and sent out a note, sorry for the problems. retail is complicated. the idea of government controlling health insurance, it would surely send us back into the depression. >> jim, you don't necessarily agree, getting to single payer is not necessarily a bad thing according to you. >> no, brenda, it's not but as to the folks who are living or think they're living in an episode of "the x files" that was not the plan all along. i mean, there couldn't be more space in between obama care and the single payer health care system. look, we have single payer health care already in this country, it's called medicare. and guess what? medicare has a higher approval rating than all private
FOX Business
Nov 17, 2013 8:00am EST
that little clip that john podesta pointed out like medicare is for a single payer system. i find the whole idea laughable especially after we've been through the past few months with just a single obama care, the federal website, totally inept. the president himself said in the press conference thursday, geez, this health insurance thing is complicated. i mean, could you imagine going to a startup called amazon and sent out a note, sorry for the problems. retail is complicated. the idea of government controlling health insurance, it would surely send us back into the depression. >> jim, you don't necessarily agree, getting to single payer is not necessarily a bad thing according to you. >> no, brenda, it's not but as to the folks who are living or think they're living in an episode of "the x files" that was not the plan all along. i mean, there couldn't be more space in between obama care and the single payer health care system. look, we have single payer alth care already in this country, it's called medicare. and guess what? medicare has a higher approval rating than all privat
FOX Business
Nov 18, 2013 9:20am EST
like. united health care drops thousands of doctors from medicare advantage, hundreds of thousands of patients cannot keep their doctor. and "varney & company" is about to begin. [ bagpipes and drums playing over ] [ music transitions to rock ] make it happen with the all-new fidelity active trader pro. it's one more innovative reason serious investors are choosing fidelity. get 200 free trades when you on an account. yep. got all the cozies. [ grandma ] with n fedex one rate, i could ll a box and ship it r one flat rate. so i kn untilt was full. you'd be crazy not to. is tt nana? [ male announcer fedex one rate. simple, flat rate shipping with the reliability of fedex. >> so, yeah, here you go. and it's moving. >> moving around here, and there it is. >> oh. stuart: look, look, look at that. see? thanks very much, everybody. well, we had a little fun and that was me playing on the sony playstation 4 on friday the day they went on sale. how about this for a number? sony sold a million of them on that first day. that's just in north america. the console retailed for $400 apiece. it will
FOX Business
Nov 8, 2013 6:00pm EST
difficult to get doctors and was searching for a solution because i hear from people from medicare to say i am really worried will lose my doctor over time that they will work with people who are really wealthy. i think these people should see what their plans are to major's. >> if they can get a doctor to enter the phone. middle-class it is hard to do. just as an example 82% a and kentucky signed up for medicaid there might not be enough doctors. gerri: what can we do about that problem of? >> if you have private markets we offer by a having a higher wages and attracting people died here is the low reimbursement rates to medicaid to save with the obamacare exchange. they are the medicaid of the future that is not a solution. gerri: out it is on view. have to get your own coverage, find a doctor with the hospital they allow you to use, people say how can i look out for myself? i have spent jockeyed of what still some weeks that does dna testing to look to see what should i be werke to protect myself? >> we will see more personalized madison because of the harnessing of the human genom
FOX Business
Nov 1, 2013 10:00pm EDT
centers for medicare and medicaid services wrongly paid out $20 million to health care organizations on behalf of dead people. they are the agency in charge of implementing obamacare. the government waste and abuse does not end there. a separate report finds employees at the department of homeland security that have used overtime pay policies that have cost taxpayers $8.7 million per year in the dh budget this year is $60.8 billion. the reports show college students nationwide are experiencing obamacare sticker shock. community colleges in new jersey, once among the hundreds of educational institutions nationwide offered cheap health insurance to their students would have had to drop the practice because obamacare prohibits the sale of those insurance policies now. more evidence of the health care law is potentially going to disrupt the budget and medicaid itself and an overwhelming majority of people applying for an expansion of medicaid as opposed to applying in the mber of states. looking at the startling numbers, and parolees, medicaid, 82,000 of private insurance enrollments, 30
FOX Business
Nov 3, 2013 1:00am EDT
everybody else, and nobody sees a premium increase. that's how medicare and medicaid is paid for. isn't it fairer where at least half of the country might see higher premiums to pay for the other half? >> what's fair about that? everyone is priced out of them. they are only basically available to a handful of people. there's nothing fair about the way the cost structure is. not to -- and to add insult to injury, the care is not going to be there for you. >> and the fact is, we have been paying and subsidizing to pay for people who do not have health insurance for years. they go to emergency rooms, and we are stuck with a very high inefficient bill. it's time to level the playing field and reduce costs in that manner. >> but here's the problem. we'll wind up with more uninsured now as people get dumped from their plans. so we have not even solved the core problem that obama care was supposed to solve. >> that has to be the last word. all right. >>> sticker shock from obama care isn't just sticking it to folks shopping for health care. it could be the grinch that killed the entire
FOX Business
Nov 12, 2013 7:00pm EST
bush put in the medicare drug program for seniors which was not as complicated but adds that this same problem with the rollout. disaster. lou: president obama does not need any more problems, and there is an old saying, when you find yourself in a whole, as the president certainly has, it is time to quit digging. here he is taking away. it is, by the way, for years, nine months, and 23 days since george w. bush was in the oval office. how long do you have to be in office to stand on our own as a man and as a president and quit blaming someone else? in this instance by your predecessor. let's take a look at the medicare part b expansions. it passed by a close margin back in 2003, but it also generate support from the other side of the aisle. eleven senate democrats and 16 democratic representatives and the house voted for the bill. how many republicans voted for obamacare? let's see. is a those of. zero. both programs suffer computer outages during the rollout, no question, but medicare part b ended unsuccessfully enrolling not to and a half million people, not 7 million people, but 16
FOX Business
Oct 31, 2013 11:00pm EDT
was thinking about roughly 6 years ago, when we were rolling out medicare part d, that was the largest. largest. implementation of this sport that was done to that point, first 6 or 7 weeks, they were rocky, i think most important lesson we learned, we went to the american public, and said, we have problems, here is what they are. and we own them. we own them, we will find them, we will fix them, and we'll finish them. and here is the way in which we'll do it we do find the american people prepared to be patient, the key was, we actual dethat and by the time we were in to seventh week, the system began to improve, and to eighth week, people liked it and now you look back, it was a big -- a very successful implementation. but the key is we took responsibility and we delivered. neil: but not right away, you admitted it later on, your critics saying you do not account for the cost, that was then, this is now, but you rapidly acknowledged, we have problems. i think when you don't acknowledge the problems you will never, ever, ever, ever get them fixed. >> i agree, you have to reali
FOX Business
Nov 17, 2013 2:30am EST
that about social security, medicare, the u.s. military. >> i think we have one guy that may say that. john, go ahead. >> government is force and that makes it wrong. obamacare is forced. that is wrong. same about the social security and medicare and medicaid as well. forced against the doctors and the patients. forced against every american. that is why it's up raveling before our eyes. >> is it forced when they control the airplanes and they don't crash? forced if they tell you to use a seat belt and have a windshield force or common sense? >> that is forced. a long stretch between mandating the control on the road -- >> getting off topic. >> with are getting off topic. >> the budget is getting higher and higher. pull the poll up, do you trust him. do you trust him? here this is. look at it. 44%. sense october 1, he lost 10% of the american people thinking they can trust him. his approval rating. his approval rating from 2009, was 65%. now 40%. some have him breaking that level. is this working? is big government liberal. i working? >> no. >> we have 69 million americans dependent o
FOX Business
Nov 3, 2013 8:00am EST
premium increase. that's how medicare and medicaid is paid for. isn't it fairer where at least half of the country might see higher premiums to pay for the other half? >> what's fair about that? everyone is priced out of them. they are only basically available to a handful of people. there's nothing fair about the way the cost structure is. not to -- and to add insult to injury, the care is not going to be there for you. >> and the fact is, we have been paying and subsidizing to pay for people who do not have health insurance for years. they go to emergency rooms, and we are stuck with a very high inefficient bill. it's time to level the playing field and reduce costs in that manner. >> but here's the problem. we'll wind up with more uninsured now as people get dumped from their plans. so we have not even solved the core problem that obama care was supposed to solve. >> that has to be the last word. all right. >>> sticker shock from obama care isn't just sticking it to folks shopping for health care. it could be the grinch that killed the entire holiday shopping season. neil's gang
FOX Business
Nov 22, 2013 5:00pm EST
less in reimbursements than private companies or even medicare. at 40 buck as visit, clearly this could have a impact on quality of your health care. joining us cato institute health care expert mike cannon. we have economist peter morici. mike, do these numbers surprise you? i mean i think that there was anticipation of a cut in costs but for typical office visit, private insurance would pay $60. if you're coming from the obama exchange, those doctors could get 40. what is the impact of that? >> i don't know what the prices to be charged for any of these services and neither does anyone else but you've heard about rate shock. this is where everyone sees, well, a lot of people see their premiums going up under obamacare. there will be this wave of outrage over quality shocks. one of those is doc shock. the way they're trying to keep premiums from even higher is by squeezing payments to doctors and other providers, in these health plans, which is fine. i want health care prices to fall. that should be, as a result of consumers putting downward pressure on prices and, freedom to pay
FOX Business
Nov 3, 2013 9:00pm EST
. >> you forgot the end of the story. over half of this law is paid for by cuts to medicare. hospitals are already laying off nurses. the care is being spread thinner. this plan, unfortunately, lowers the standard of care. that is why it is not what is going in your shopping cart. it puts government in charge of your care. it takes away something as precious as life itself, your liberty. john: what we libertarians want is more individual decisions. that means people pay for more of their health care of themselves. people don't want to do that. >> by the way, people will be paying for a lot of their health care themselves. take a look at the deductibles. $5,000 deductible and a bronze plan, and a $3,000 deductible in this over plan, for an individual. as deductibles are so high that young people are never going to get in a callback. john: zero copay, free birth control. >> check the details. it is not a good deal. john: thank you, betsy mccoy. if you would like to keep this conversation going, you can use that has stag to let people know what you think. coming up, something i like has h
FOX Business
Nov 24, 2013 10:00pm EST
. he looked at the race there being paid right now, somewhere in between medicare and medicaid rates. these will end up looking a lot like medicaid now works. yolook at the same is, the plants that employ the most inside these changes in the medicaid plans because they already have the chief networks. gerri: to that point, speaking about her experiences with the system. here is what she had to say. >> i would like to be able to make my own choices. i don't see governmentedical benefits as being any better than what i have. yet worse. and so i would feel like a second-class citizen. gerri: steve hopkins wanted to sign up for obamacare. she had a plan, wanted to see what she could get. she ended up on medicaid. did not wann to be there. no desire to do that. now she is mad. what do you say? >> i wish i had a dime for every time someone told me that. they signed up for obamacare subsidies and have been essentially put into the medicaid system. a lot of americans are not familiar with how bad it is, but let me give you some examples. the mayo clinic, the best health care -- i mean, the b
FOX Business
Nov 5, 2013 7:00pm EST
one point from ri his record low. his disapproval at 53%. the head of centers for medicare and medicaid testify before a senate committee saying that american people the get the long awaited healthcare.gov enroll am figures sometime next week, administration official gave the response they would release the numbers in mid november. marilyn tavenner claimed it had improved. >> we can process 5 per second with almost no errors, we added more capacity and doubled the number of servers to meet demand. lou: despite tavenner's claims, the web site is still not working properly and was down yesterday for an hour and a half, a new report fines that obamacare sticker shot is worse if you liver i live in a red st, premiums for 27 years old road average 28% in rid states compared to 50% increases for blue states that voted for president obama. health policy expert blame the staggering difference on fact that red states have fewer regulations to begin with. and obamacare has more than 10,000 pages of regulations. that explains it all. doesn't it? we're coming right back. >> the administrat
FOX Business
Nov 21, 2013 8:00pm EST
groups, and we have coverage for separate medicare coverage for older people,. >> it is getting pricier. i'm not trying to pin new the corner but i see your grandfather did not surprise us, he telegraphed what was coming, the republicans did not like it conservatives did not like it a lot of americans were scared of it but he clearly articulated what was coming down the pike as did john kennedy, and ronald reagan. great presidents do that. i'm not here is disparage barack obama i am here to say he did not todo that. >> we've had 3 elections revolving around the affordable care act, i think people knew what the project is. now the actual employmenttation of it -- implementation is something that i think is a work in progress. >> all right, i saved you james from my dead on impression of your grandfather, maybe next time. all right. >> i would actually probably be amused by that. >> i think amused is the word. james, always a pressure my friend, i have a great dial of respect and admiration for you, james roosevelt jr., a very find healthcare mind. >> democrats want pro sports leagues to
FOX Business
Nov 27, 2013 8:00pm EST
it right here. >> nearly 85% of americans already have insurance or medicare or medicaid or your employer, if you are one of those people, you do not have to do anything. neil: you think that this would've been part of this. the companies are canceling workers and plans as we speak. that but that was never really preview, was a? >> no, and as you mentioned in your intro, the 5 million people have lost their health care already. and 7 million more will lose it further. i want to point out that every number i out that every number of new comedies are government these are government numbers and this is a cbo actuary. these are real numbers, the government is saying that this is going to happen and obama and nancy pelosi are ignoring it and making these promises that are outright falsehoods is not just truly lies. >> so if things don't turn out to the degree that you told folks that they would, you lose their trust in charter one that back. thank you so much and have a great thanksgiving. >> thank you, you as well. neil: here is a good rule of thumb. where you most likely to work? pr
FOX Business
Nov 24, 2013 11:00pm EST
. you didn't expand medicare in your state. what would be the budgetary impact in the state of georgia? >> well, i think, i have heard that other states across the board, that the people, where they have increased their medicare roles to 136% of the federal poverty level, people who go into the exchange are shuttled off into medicaid, now, we did not increase our medicaid rolls to the federal poverty level, yet we expect to see more and more people be told they're eligible for medicaid and in georgia we have to pay 43% of that, the government pays 56.4%. of all of those new medic aid enrollees. >> ralph hudgens, georgia state insurance commissioner, thank you for being us with us. >> thank you. >>> up next the president's favorite answer in the face of scandal remains "i did not." robbi ludwigwill join me to tell us how this man can mislead and deceive the american people in an ongog manner, what is he thinking? [ female announcer ] what if the next big thing, isn't a thing at all? it's lots of things. all waking up. connecting to the global phenomenon we call the intern of everything.
FOX Business
Nov 10, 2013 9:30am EST
programs like social security, medicare, medicaid. they can't get enough of it. >> let me throw something up here. the first fll screen. this is fact checker fact checking the promises. obama said you can keep the healthcare plan if you choose to. four pinocchios. the next screen. fact checker is one step further. lately the liberals around town is saying you know what? it's the insurance company up at the the reason they're losing insurance. 100 million that may le insurance. the fact checker gives them three pinocchios on that. john? >> that is just it. juan loves to comeere evy week and talk about how the evil, greedynsurance and the for-profit doctors wrecked supposed free healthcare in the country. that wasn't the case at all. government paid for more than half of healthcare spending and it's going up and up and up with more government control. the real cost isn't in dollars. it's in the loss of liberty. give me liberty or givee death. not give me free hlthcare or give me death. that's what th founders understood that the president and the manlected officials not. >> i have
FOX Business
Nov 17, 2013 8:30am EST
people on medicare who won't admit the doggone thing is going broke. we should have fixed that before we did anything else and nobody will admit that we are subsidizing that. >> okay, one counter example nobody else is going to give, in california, one of the states that chose to participate in the law, the wayt was written as opposed to the states that didn't, people are signing up in robust numbers and the exchange is working well. >> 1 million have lost their policies, adam, in your fine state 1 million. take a good look at that bridge behind you, people are jumping off it. >> they're not jumping off it. more people are going to get insurance ultimately. >> can you imaginethree years of this politically for the democratic party? i mean this is insane. >> be careful about living in the moment. moments change. >> maybe. this is a train wreck. this is just going to keep wrecking. >> i don't know what it means but -- >> fortune cookie. >> like a bad fortune cookie. >>> we'll talk about a white house fix. americans calling the president's trustworthiness into question. amazing. that is com
FOX Business
Nov 24, 2013 2:30am EST
, social security, medicare and medicaid as gat accomplishments, but 15% your life already goes to fund thesentitments. so it's a success for the president because it's another 5% to 10% of your life under government. that was the whole purpose of obama care from the start. >> let's -- >> wait, julie, let's tell the seniors they can't afford health care. >> julie, you are paying more. >> you're getting off topic. we'll stay on affordable health care, whether it's affordable or not. michelle, in the cold open, we rolled a little bit of sound from a gentleman who his health insurance at school was lifted. the school bowie state and other colleges decided not to offer insurance plans. his plan used to cost aund $50 per semester or $100 a year. the new plan, guys, do we havec? the new plan is around $900 per semester or $1800 per year. michelle, if college kids can't get it, if middle age women can't afford it, who is going to be able to afford health insurance policy? >> nobody. look, you need young people. young people can't afford it. they can't even find a job. they can't even pay their
FOX Business
Nov 3, 2013 9:30am EST
, medicare, you don't like any of it. >> that's another topic. we'll do that next week. we've got to go right now. john, first topic next block. >>> coming up, after years of avoiding it, the mainstream media finally sounding the alarm about (vo) you are a business pro. maestro of project management. baron of the build-out. you need a permit... to be this awesome. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. (aaron) purrrft. (vo) meee-ow, business pro. meee-ow. go national. go like a pro. >>> well, we've been warning folks about obama care for years and now the mainstream media is finally catching on. nbc, cbs, abc following our lead and finally pointing out all the flaws that are impacting americans and, jonathan, better late than never? >> i don't think they really caught on yet, eric. i mean, the mainstream media just like the culture unfortunately is pragmatic and that's actually a bad thing. they're unable to think in principles. they can't distinguish be
FOX Business
Nov 21, 2013 6:00pm EST
-mails others and centers for medicare and medicaid services writing, we ran several@ performance in stress test says last three days but the results are not dead and not consistent all. later we ran to more cycles of testing. we attempted to cycles, nighter was successful. later that day cms to p chief information officer for rights, i do not want a repeat of what happened near the end of december 2005 when medicare and a meltdown. this is to get your attention if i did not have already been two days before the site went live after questioning if cms had run several different tests and a litany of problems, the white house chief technology officer rights to massive cudas again for the incredible progress the team is making. republicans say this further proves the white house knew of significant problems of the website and said the website was on track and then allowed it to launch with predictable results. the white house says they have a knowledge officials red flag but never thought it would be this bad and say the problems with the site were also related to volume from meeting mo
FOX Business
Nov 3, 2013 11:00pm EST
blame and asked if it was any of the top medicare officials. >> michelle snyder is the one responsible for this debacle. >> well, excuse me, congresswoman, michelle snyder is not responsible for the debacle. hold me accountable for the debacle. i'm responsible. >> reporter: more than four weeks after launch the website was taken offline again last night and remained out of commission all morning. >> the program has crashed and burned at least three times. and the user is still having problems. it's been down the whole time you've been testifying. the system is down at this moment. >> reporter: fixing it by the end of november is the administration's goal with some expressing the concern about the ultimate price tag on what's been an expensive launch so far. >> we have spent about $118 million on the website itself and about $56 million has been expended on other i.t. to support the web. >> reporter: security is also an issue. this september 27th memo signed by medicare administrator marilyn tavenner says the security control assessment was not completed days before the launch which, qu
FOX Business
Nov 13, 2013 7:00pm EST
confidence that the web site will be fixed. >> centers for medicare and medicaid service, and its contractor failed to fully deliver what they were supposed to deliver, congressional oversight is warned. >> one asked in health care do the gov is as secure? >> fully tests like the other rit projects you have overseen. >> i'm trying to continued what you moon by fully tested. >> fully tested? holy cow, this is like a new low. >> would you put your personal information about you and your loved ones in it. >> i recommended my sister who is unemployed right now to -- >> did she successfully register. >> i have not talked with her lately. >> also house homeland security probed issue of on-line threatse there been on the healthcare.gov system? >> we're aware of one open source act attempting to perpetrate a denial of service attack against healthcare.gov site that has been unsuccessful. >> reporter: tech officials did not want to predict how much money it will take on fix the web site. >> reporter: thank you very much. obamacare train wreck under cutting president obama's credibility, ap
FOX Business
Nov 3, 2013 9:00am EST
way, the government already is involved in half op the health care markets through medicare and medicaid. the thing is what you're talking about, too, dade is choice. what we have now is government mandated insurance plans. the insurers were sticking it to consumers. now you have insurer rs sticking it to hospitals and doctors who don't want to deal with health reform and doing it themselves. >> the fact is that, david, you may have chosen a more expensive doctor. i have a doctor that doesn't take insurance at all be i go to her because i think she provides the best care for myself and my family. she responds quickly to e-mails, on-demand appointments. sometimes that's a value to the consumer just as much as lower price. >> you have people traveling to india because their services are so much cheaper. >> that's true. but if you look at the real numbers on medical tourism, i'm a supporter of it, you will finds there's not many people who travel. >> rick may still be supportive but even the liberal "new yorker" has come out with a magazine cover that is chastising the president an
FOX Business
Nov 27, 2013 1:00pm EST
whether you are in short, not insured, medicare, medicaid, it is this a emprise and the price is less than half of what medicare and medicaid reimburses today which is projected to be medicare and medicaid over $160 billion, in direct out-of-pocket savings over the course of the next ten years and means the average person can now be able to begin affording to get tested so -- adam: you are not publicly traded. is someone approaching you to acquire your company? are you thinking of going public? something like 2% of medical spending in this country is on blood tests. that is a huge amount of money at risk, cemented into this world. putting up opposition for what you are about to do because it will be cheaper and more efficient and more accurate. >> our goal and our focus is on being able to make this accessible to people everywhere. we have an operational plan that will allow us to become within five miles of every person's home through walgreen's that we opened and are continuing to open nationally and that is where all of our focus is. our success will be in being able to make it pos
FOX Business
Nov 12, 2013 9:20am EST
being dumped right now out of medicare advantage. you're being dumped out of employer plans. people will find they can't keep the doctor and can't keep the network they're in. as a result this will cost hundreds of billions of more. charles: we're talking trillions. 1.2 trillion, if we subsidize people making 500% of poverty. real quick, because we're running out of time. have we created a new entitlement program? >> of course the entitlement will take the system down. medicare, social security. medicaid. connell: i'm saying, be honest in the numbers because the poverty rates don't include food stamps and tax credits. we want to help the poor. tell the american people how we're doing it. charles: single person making 50 grand -- >> that is most of the people in the country. charles: the great deformmation, great david stockman. >>> we brought you the story last week a possible cure for cancer. the company that makes the vaccine next. how close are they really? you're going to find out. ♪ ncer) at scottrade, our clients trade and invest exactly hothey want. with scottrade's online
FOX Business
Nov 13, 2013 11:00am EST
medicare. >> that is true. that is a separate process but what you are talking about is doing that for the entire country where it won't work and medicare has its problems. medicaid and medicare have problems as time goes on and the number of elderly get larger and larger amounts. is a huge net drain on the tax base. dagen: the problem for people paying for those who have not paid their full ride, a conversation for another time. dagen: he is sitting right here. had you all to myself today. connell: i came in the studio that one time. even with financial head winds that come with obamacare we have been talking about for the last few minutes our next guest says when it comes to your money there is no better place to be right now than u.s. stocks. investment-banking vice-chairman at raymond james joins us with an endorsement of the stock market or indictment of everything else. >> maybe it is a little bit of both by want to move to the cure your topic of the stock market. the stock indices are up 30% this year and people have been talking about universal coming for a year. connell: we have a
FOX Business
Nov 19, 2013 12:00am EST
is all centered around the medicare advantage program which has been very popular with medicare patients but has been very expensive from the government standpoint. i believe what is happening with the cutbacks in the advantage program, through the affordable care act cutbacks many companies take opportunity high utilizing doctors from their plan. melissa: let me stop you there because i want to know what that means. what is a high utilizing doctor? isn't everybody paid the same no matter if you're getting reimbursements on medicare advantage? >> on a medicare advantage the reward is fixed payment system to the insurance companies. and so what they have a doctor that utilizes more services, recommends for x-rays, more lab tests, more hospitalization, than another doctor for same given disease, that represents a loss to the insurance company. so i think what is happening is, they're looking at the utilization of their doctors and how they prescribe and how they order and they're eliminating those doctors which appear to them to be high-coot and high utilizers. melissa: high cost
FOX Business
Nov 11, 2013 6:00pm EST
and other people have medicare exchanges for private employers. the web sites are out there so it is a complete disaster they could not get it done. gerri: that knowledge base does not exist with people who contract with the government. thank you for coming. if you are curious it is health care.com. now the irs is cracking down on fraud but a little bit too late. and now the nation's kids are getting sick as the return of mumps and measles. coming up. customer erin swenson ordered shoes from us online t they didn't fit. customer's not happy, i'm not happy. sales go down, i'm not happy. merch comes back, i'm not happy. use upups. they make rurns easy. unhappy customer becomes happy customer use uthen, repeat customer.easy. easy returns, i'm ppy. repeat customers, i'm happy. sales go u i'happy. i ori'm happy.her pair. (both) i'm happy. i'm happy. happy. happy. happy. happy. happy happy. i love logistics. [ engine revs ] ♪ ♪ [ male aouncer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right r you, no matter which list you'ren. [ santa ] , ho, ho, ho!
FOX Business
Nov 20, 2013 11:00pm EST
medicare money to help his state. letting states decide this sort of thing was not a bad idea. and again, we should stress that we are not taking sides with what chris christie and folks like this are trying to do. >> they are basically saying that there is an opportunity to get federal funding for the states to expand medicaid coverage if they go along with this lot. they are saying that they think that's a good thing for the population. i'm not a political guy, but i think that i can understand the calculation and i think it's crazy that it's become such a hot button political issue. >> here's where i see the inconsistency. but you can't have your cake and eat it too. if you're going to bash the president's law, you must bash all components of that lot and money from the government, that means raising it from taxpayers in the state. that makes some of these others look hypocritical. so what do you say to that? >> they may think that my car insurance premiums are too high, but a five accident, they're going to take my money. neil: that is a very good point. that's putting me down
FOX Business
Nov 8, 2013 11:00pm EST
something different. neil: presdent bush h a medicare prescription drg pla that was reall not paid for. but eventually they did get it done and people were able tt take advantage of it and what critics are sayi qassam one with the president said at the time. at lea getting it ruled out ruled out. it got there. what do you think on the laer scale? >> we have a lot of unanswered questions since i'm not sure. but one thing i'm not a big fan of is sort of big bang approa is an in three years were going get a system and any features and functionality once we get the system wel we deliver them in 30 to 90 day increments. and now we learn a lot about the customer experience beyond that very intuitive. >> i think we need to take it on a smaller chunk instead of long deliverables. neil: when i was kid i used to prepare my parents were straight grates on my report card so if they saw a couple of low-grade, they thought that i was being goofy. honestly they didn't harn my advice. thann you so much. the one switching gears here, in washington, te economic revery being cut at the pass. it did n
FOX Business
Nov 27, 2013 7:00pm EST
could increase by 200%. some health plans even get hit with a 40% tax and over $700 billion in medicare cuts. so now we're rely sad. but you can be happy again by getting the obamacare survival guide. it's already a #1 new york times bestseller and over 500,000 americans have gotten a copy. newsmax says it's "the best guide" to the new law. you can get t your copy at obamacare911.com. it gives you the tips, strategies and loopholes you need to know. get your copy of the obamacare survival guide at stores everywhere for $19.95. or get the internet onlyffer of just $4.95 and save $15. go to obamacare911.com to claim your copy now. fifty-seven the obama industry shouldn't is trying to sway political elections with nonprofit groups. targeted by the irs during the election cycle they're proposing new rules this week referring to the political activities of these groups mike emmanuel has our report. >> with iras still investigating targeting of conservative groups and by citizens united ruling by unions it is proposing new rules to limit activity of social welfare five '01 see for organizatio
FOX Business
Nov 17, 2013 8:00pm EST
, but did say -- >> the centers for medicare and medicaid services and its contractors failed to fully deliver what they were supposed to deliver, and congressional oversight of those failures is absolutely warranted. >> reporter: one lawmaker asked if healthcare.gov is as secure asonline banking. >> okay. so it's fully tested as the other i.t. projects you've overseen into that same standard? >> i'm trying to understand what you mean by fully tested. it was tested -- >> fully tested? holy cow. this is like new low. >> reporter: another asked the officials to prove their belief in the website's security. >> would you put all your personal information about you and your loved ones in it? >> yes. in fact, i've recommended my sister, who is unemployed right now, to actually -- >> did she successfully register? >> i haven't talked to her lately. she's been out of the country. >> interesting. >> reporter: also today, the house homeland security committee probed the issue of online threats. >> how many cyberattacks have there been on the healthcare.gov system? >> we are aware of one op
FOX Business
Nov 1, 2013 11:00am EDT
% federal, 3.78% for medicare and 13.3% california. so 56.7% of his income going to taxes, and it's an environment of paying your fair share, you know? i don't know how much of the public services out in california he's using. i just don't think it's that much. i don't think it's $14 million worth. connell: not exactly a sympathetic figure, but we get your point. >> that's the whole thing. no one's sympathetic except when it starts to trickle down. ofof course, in france they're starting to talk about not even having a soccer season this year. connell: 75%, incomes over a million euro? >> yeah. 75%. and so now the owners -- dagen: it was 90% before jfk lowered -- >> did you ever see how many people qualified for that though? two of them. when people told me that, i went back and did the math. so few people had to pay the 90%, so it was a specious argument that we can absorb that -- dagen: you don't know what koch koch -- kobe's net tax bill will be, you might not pay the full raw rate. >> yeah. but it's, i mean, in this environment of fair share, it's real, really tough. and, again,
FOX Business
Nov 6, 2013 11:00am EST
already in a position that they should be negotiating medicare, medicaid. what advice do you have for people in that situation? >> even with existing insurance policies there's always a lot of confusion around bills. you might say why am i paying $60,000 for this procedure or what to these codes mean. part of what we do is help people sort this out because there are more mistakes than you can imagine. 8% of all medical bills have mistakes in them. connell: check the government website, what information is on there that people don't even know is there. >> this is a fantastic resource. it tells you basically what the government pays for every possible procedure out there. think of it like dealer invoice price. you're figuring out what the government is paying because they are the biggest customer, they set the price the same way the fed does. connell: the more information you have, the leverage can shift, so that is part of it. as we move onto the new new system, the implementation problems such as they are, as it gets implemented, obamacare, what should people know about that in te
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